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MSCI's adoption of new regulations could remove Strategy from its global stock benchmark index, or trigger a stock sell-off, and put pressure on the financing model behind Michael Saylor's Bitcoin holdings. The index's compilers will exclude companies classified as “non-operating enterprises” and establish financial tests under the new framework that will come into effect at the close of trading on November 30, which may result in Strategy not being eligible for inclusion in the MSCI Global Stock Index. The eventual exclusion could damage Strategy's pioneering crypto asset reserve model and put pressure on its stock price as the investor base forced to hold the stock shrinks.
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MSCI's adoption of new regulations could remove Strategy from its global stock benchmark index, or trigger a stock sell-off, and put pressure on the financing model behind Michael Saylor's Bitcoin holdings. The index's compilers will exclude companies classified as “non-operating enterprises” and establish financial tests under the new framework that will come into effect at the close of trading on November 30, which may result in Strategy not being eligible for inclusion in the MSCI Global Stock Index. The eventual exclusion could damage Strategy's pioneering crypto asset reserve model and put pressure on its stock price as the investor base forced to hold the stock shrinks.
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